Providence Equity Partners Opens Asia Offices In India And Hong Kong

Providence Equity Partners, a private equity fund specialised in media, entertainment, communications and information companies, has announced the opening of offices in India and Hong Kong, a release said.
Andrew Rickards, current Asia CEO of investment bank N.M. Rothschild & Sons and former ead of Communications, Media & Entertainment (CME) Asia Pacific for Goldman Sachs, will join Providence to lead its Asia investment activities. He will serve as a Managing Director based in Hong Kong.
Biswajit Subramanian, a Managing Director of Providence Equity in London, will head the new office in New Delhi. Subramanian has been involved in Providence investments in telephone networks, cable television systems, programming content and wireless, among other industry segments.
Providence had recently invested in Idea Cellular, probably its first investment in India.

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